Data & Digital Risk Senior Manager

JOB TITLE: Data & Digital Risk Senior Manager

SALARY: £85,493 - £100,580

LOCATION(S): Edinburgh, Bristol, Cardiff or Leeds

HOURS: Full Time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our hub locations.

This is a pivotal role. We're disrupting the market through innovative products and delivering brilliant customer propositions using Data & Digital.

Insurance, Pensions and Investments (IP&I) are on an exciting journey. At the heart of our plan is a digital 'waterfront' embedded within our existing apps. It shows what tomorrow looks like for our customers and the steps they can take now to future-proof their finances.

As we digitise our services and become data-led, harnessing insights and innovating with AI, our Data Risk profile becomes increasingly complex.

The Data & Digital Risk Team in IP&I Risk requires a highly motivated Senior Manager. This 'second line' Risk Function manages risks for the Insurance Group within the three lines of defence framework, mandated throughout Lloyds Banking Group (LBG). The role assists the business in making fast, accurate decisions by providing independent oversight and constructive challenge.

The remit of the team covers all aspects of Digitisation, Data Management and Governance, Data Ops and Architecture, Data Privacy, Ethics and Compliance, Data Portability and the responsible use of Data for AI and Advanced Analytics.

This role involves leading a team of Data & Digital Risk Specialists aligned with Platform Teams supporting the delivery of digitised and data-led Products and Services to Customers.

You will also contribute to the Data & Digital Risk Oversight Strategy by anticipating emerging and future threats, regulatory changes, and technology trends. Help develop the way we identify, assess, manage, and monitor our Data Risk, providing input to Internal Governance, Risk Management, and Reporting processes.

• Facilitate, coordinate and agree Risk Appetite Statements and Metrics for Data in IP&I
• Undertake proactive Risk Oversight and Continuous Monitoring of IP&I Data & Digital environments to understand compliance with risk Principles and Policies
• Using the Group Risk Management Framework and Risk Policies, identify and evaluate Data & Digital Risk, assist in applying the Data Policy and related controls within the 1
  
  LOD to manage risks within Risk Appetite
• Delivering professional counsel, continuous support, and training to Risk and Control Owners
• Collaborate with other Risk Specialists, as part of matrix teams, to enable early understanding of Data Risk inherent in business activities
• Understand the Legal and Regulatory implications when collecting, crafting and using data to deliver services to customers and enabling business operational processes
• Coordinate, challenge and provide sound and insightful advice to Risk and Control Owners
• Input to Data Breach Response and 'Material Event' processes
• Coordinate consistent recording of Risk via Risk Open Pages; ensure that Risk Management information is consistent and maintained
• Produce MI and Analysis of risk concentrations, emerging trends, risk and loss events near misses and opportunity costs
• Improve board-level visibility and provide a forward-looking view of Data & Digital Risk for the Group, crafting strategic priorities and informing executive decisions.
• Engage and influence collaborators across platform and business teams to drive delivery and maintaining ongoing regulatory compliance.

• In depth knowledge and understanding of;
  • Data & Digital Risk including the use of data to deliver 'direct to customer' services via App technologies
  • Cloud data environments including Data Governance and Continuous Control
  • Data Architecture, Data Management, Data Operations and Data Governance, including familiarity with standard frameworks such as DAMA, EDMC etc.
  • Data consumption to enable AI and associated technologies
  • Continuous Control Monitoring (telemetry) for scaled data environments
  • Data sharing and transfer including through supply chain and cross-border
  • Data Retention, Archiving and…